Vacancy Number	23065306403
Post	Director/Deputy Secretary (Digital Economy and Fin Tech)
Ministry/Administration	Ministry of Finance
Department/Office	Department of Financial Services
Organisation	Other

Number of Posts and Reservation

UR	EWS	OBC	SC	ST	PwBD	Total
1	0	0	0	0	0	1

Post Description

Pay Scale	For Director level post- Revised Pay as per 7th CPC Level-13 in the Pay Matrix. The gross salary per month would be Rs. 2,18,000 (Approx.) including Basic Pay, HRA, DA and TA. For Deputy Secretary level post- Revised Pay as per 7th CPC Level-12 in the Pay Matrix. The gross salary per month would be Rs. 1,43,000 (Approx.) including Basic Pay, HRA, DA and TA.
Age	For Director level post- Age not below 35 years and not exceeding 45 years as on closing date of receipt of application. For Deputy Secretary level post- Age not below 32 years and not exceeding 40 years as on closing date of receipt of application.
Essential Qualification (s)	A. EDUCATIONAL:- B.E./B.Tech/M.Sc in Electronics/Computer Science or Master’s Degree in Computer Application. B. EXPERIENCE:- For Director level post:- At least 10 years post qualification experience in Financial Services Sector including 5 years’ experience in Fin Tech Companies/Fin Tech functions of Banks/Financial Institutions or Insurance Financial sector Regulators. For Deputy Secretary level post:- At least 7 years post qualification experience in Financial Services Sector including 5 years’ experience in Fin Tech Companies/Fin Tech functions of Banks/Financial Institutions or Insurance Financial sector Regulators.
Desirable Qualification (s)	Master’s Degree in Business Administration.
Duty(ies)	(i) To advise and to monitor the trends and developments in digital economy and fintech industry particularly as they relate to the banking, insurance, and pensions sector. (ii) Identifying policy interventions, facilitating and monitoring investments for the Digital Economy including Fin Tech. (iii) Identifying digital infrastructure gaps, financing deficits policy interventions to overcome gaps. To liaise with other departments for fintech start-ups. (iv) To raise and pursue Digital Economy issues of interest to India in Multilateral and Bilateral Forums to grow Indias contribution, including cross-border payments and remittances. (v) Co-ordination of matters related to Fintech and Deep Tech (artificial intelligence, big data, block chain etc.) with various Government agencies, regulators and regulated entities.
Tenure	The period of contract/deputation would be 3 years extendable upto a maximum of 5 years, depending upon performance and requirement.
Headquarters	New Delhi
Other Details	The post is in Group ‘A’. Appointment of Candidate from Private Sector will be on contract basis as per terms of contract to be signed between the selected candidate and the Government of India. Officials of State/UT Admin./PSUs, Autonomous Bodies, Statutory Organizations, Universities, Recognized Research Institutes would be appointed on deputation basis as per standard term of deputation.
Any Other Conditions	1. Central Government officers/employees are not eligible to apply. 2. The candidate must have a minimum gross salary of Rs. 15 lac per year for Deputy Secretary level post and Rs. 20 lac per year for Director level post during any of the financial years 2021-2022 or 2022-2023 as per Form-16/ ITR. Note- In case of inability to submit the Form-16/ITR for the year 2022-2023 by closing date, candidate has to submit an undertaking that the same will be submitted before the date of interview. 3. All appointees are deemed to be public servants for the purpose of the CCS(Conduct) Rules and such other statutes as notified by the government from time to time. 4. The employment contract to be terminated by either side with a minimum notice period of 3 months. 5. Applicants who fulfil the eligibility conditions for the post of Director will be eligible for recommendation to the post of Director and applicants who fulfil the eligibility conditions for the post of Deputy Secretary will be eligible for recommendation to the post of Deputy Secretary.

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